End game
Subtitle: the end of the debt supercycle and how it changes everything
By: John Mauldin and Jonathan Tepper
Contributors: Tepper, Jonathan, 1976-
Publisher: John Wiley
Published: 2011
Place of publication: Hoboken, N.J
Language: eng
Number of pages: 318
ISBN-13: 9781118004579
Subjects: Public Debts; Recessions; Debt; Business cycles; External Debts
Description: "An exhaustive look at world markets and why the economy has been so unpredictable  Greece isn't the only country drowning in debt. The Debt Supercycle?when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis?is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good?restructure the debt or reduce it through austerity measures. The End Game details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis.    Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions   Reviews global markets, trends in population, government policies, and currencies   Other titles by Mauldin: Bull's Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market, also by Wiley   Around the world, countries are faced with difficult choices. The End Game provides a framework for making those choices."--
Notes: Includes bibliographical references and index.